Third Quarter of 2024 Highlights

CHARLOTTE, N.C., Oct. 21, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $249.9 million, or $1.05 per diluted share, for the third quarter of 2024. Excluding non-cash impairment charges taken during the quarter, Nucor's third quarter of 2024 adjusted net earnings attributable to Nucor stockholders were $353.0 million, or $1.49 per diluted share. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $645.2 million, or $2.68 per diluted share, for the second quarter of 2024 and $1.14 billion, or $4.57 per diluted share, for the third quarter of 2023.  

CHARLOTTE, N.C., Oct. 21, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) third quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the third quarter ended September 28, 2024, followed by a question-and-answer session. The event will be available on the internet on October 22, 2024, at 10:00 a.m. Eastern Time.

    What:      

Nucor's Third Quarter of 2024 Conference Call

    When:     

10:00 a.m. Eastern Time on Tuesday, October 22, 2024

    Where:   

https://app.webinar.net/ZWOgBAkj1mJ or at https://nucor.com/

    How:       

Log on to the web at either of the addresses above

    Archive:   

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com.

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) third quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the third quarter ended September 28, 2024, followed by a question-and-answer session. The event will be available on the internet on October 22, 2024, at 10:00 a.m. Eastern Time.

    What:      

Nucor's Third Quarter of 2024 Conference Call

    When:     

10:00 a.m. Eastern Time on Tuesday, October 22, 2024

    Where:   

https://app.webinar.net/ZWOgBAkj1mJ or at https://nucor.com/

    How:       

Log on to the web at either of the addresses above

    Archive:   

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com.

CHARLOTTE, N.C., Sept. 17, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its third quarter ending September 28, 2024. Nucor expects third quarter earnings to be in the range of $0.87 to $0.97 per diluted share. After adding back certain one-time non-cash charges totaling approximately $0.43 per diluted share, described below, we expect third quarter adjusted earnings per diluted share to be in the range of $1.30 to $1.40. Nucor reported net earnings of $2.68 per diluted share in the second quarter of 2024 and $4.57 per diluted share in the third quarter of 2023.

CHARLOTTE, N.C., Sept. 12, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on November 8, 2024 to stockholders of record on September 27, 2024 and is Nucor's 206th consecutive quarterly cash dividend.

About Nucor

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

Second Quarter of 2024 Highlights

CHARLOTTE, N.C., July 22, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $645.2 million, or $2.68 per diluted share, for the second quarter of 2024. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share, for the first quarter of 2024 and $1.46 billion, or $5.81 per diluted share, for the second quarter of 2023.

CHARLOTTE, N.C., July 22, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) second quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the second quarter ended June 29, 2024, followed by a question-and-answer session. The event will be available on the internet on July 23, 2024, at 10:00 a.m. Eastern Time.

    What:   

Nucor's Second Quarter of 2024 Conference Call

    When:   

10:00 a.m. Eastern Time on Tuesday, July 23, 2024

    Where:   

https://app.webinar.net/pGo5LQ6qWJv or at https://nucor.com/

    How:       

Log on to the web at either of the addresses above

    Archive:   

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com.

CHARLOTTE, N.C., July 9, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) second quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the second quarter ended June 29, 2024, followed by a question-and-answer session. The event will be available on the internet on July 23, 2024, at 10:00 a.m. Eastern Time.

    What:   

Nucor's Second Quarter of 2024 Conference Call

    When:   

10:00 a.m. Eastern Time on Tuesday, July 23, 2024

    Where:   

https://app.webinar.net/pGo5LQ6qWJv or at https://nucor.com/

    How:       

Log on to the web at either of the addresses above

    Archive:   

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com.

CHARLOTTE, N.C., June 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending June 29, 2024. Nucor expects second quarter earnings to be in the range of $2.20 to $2.30 per diluted share. Nucor reported net earnings of $3.46 per diluted share in the first quarter of 2024 and $5.81 per diluted share in the second quarter of 2023.

The largest driver for the expected decrease in earnings in the second quarter of 2024 as compared to the first quarter of 2024 is the decreased earnings of the steel mills segment, due primarily to lower average selling prices, and, to a lesser extent, lower volumes. The steel products segment is expected to have decreased earnings in the second quarter of 2024 as compared to the first quarter of 2024 due to lower average selling prices, partially offset by increased volumes. Earnings in the raw materials segment are expected to be higher in the second quarter of 2024 as compared to the first quarter of 2024 due to the increased profitability of our direct reduced iron facilities.

CHARLOTTE, N.C., June 6, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock. This cash dividend is payable on August 9, 2024 to stockholders of record on June 28, 2024 and is Nucor's 205th consecutive quarterly cash dividend.

About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has entered into an agreement to acquire Rytec Corporation, a manufacturer and seller of high-speed, high-performance commercial doors. The all-cash transaction is valued at $565 million, which represents approximately 12.5x Rytec's estimated 2024 EBITDA. With over 300 teammates operating out of two manufacturing facilities in Wisconsin, Rytec is widely considered to be the pre-eminent brand for high-performance commercial doors.  

CHARLOTTE, N.C., May 10, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Executive Vice President Douglas J. Jellison plans to retire on June 8, 2024 after more than 33 years of service with Nucor.

Mr. Jellison began his Nucor career in 1990 as Materials Manager at Nucor Bearing Products and has worked in various positions and businesses, including several controller and business development roles.  Mr. Jellison served as General Manager of Nucor Bearing Products; Vice President and General Manager of Nucor Steel Seattle, Inc.; Vice President and General Manager of Nucor-Yamato Steel Company; President of Nucor Tubular Products; and President of Skyline Steel LLC. He was promoted to Executive Vice President in 2021.

First Quarter of 2024 Highlights

CHARLOTTE, N.C., April 22, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share, for the first quarter of 2024. By comparison, Nucor reported consolidated net earnings attributable to Nucor stockholders of $785.4 million, or $3.16 per diluted share, for the fourth quarter of 2023 and $1.14 billion, or $4.45 per diluted share, for the first quarter of 2023.  

CHARLOTTE, N.C., April 22, 2024 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) first quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's Chair, President and Chief Executive Officer. This conference call will include a review of Nucor's results for the first quarter ended March 31, 2024, followed by a question-and-answer session. The event will be available on the internet on April 23, 2024, at 10:00 a.m. Eastern Time.

What:

Nucor's First Quarter of 2024 Conference Call

When:

10:00 a.m. Eastern Time on Tuesday, April 23, 2024

Where:

https://app.webinar.net/34xGpyB9PKo or at https://nucor.com/

How:

Log on to the web at either of the addresses above

Archive:

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com.

CHARLOTTE, N.C., April 18, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today the appointment of Nicole B. Theophilus to the newly created position of Executive Vice President of Talent and Human Resources, effective April 29, 2024. In this role, Ms. Theophilus will focus on Nucor's enterprise talent development and human resources strategy.

Ms. Theophilus, 54, most recently served as Executive Vice President and Chief Human Resources Officer of Wabtec Corporation, a global provider of equipment, systems, digital solutions and services for the freight and transit rail sectors. Her previous leadership roles include serving as Chief Human Resources Officer of West Corporation and ConAgra Foods, Inc. Prior to joining ConAgra, she was a partner with the law firm of Blackwell Sanders Peper Martin, LLP (now known as Husch Blackwell).